Was Trading News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Good business with electricity generation and gas trading brought German state-owned energy firm Uniper major profits in 2023. In preliminary results released on Thursday, Uniper reported adjusted earnings before interest and taxes (EBIT) of more than €6.3 billion ($6.8 billion), as well as more than €4.4 billion in adjusted net profits for 2023. Both key figures are within the company's forecast, which was given in October. In a statement, Uniper described an "exceptional annual result" for the

Shell expects a rebound in its gas trading in the third quarter after facing challenges in its second-quarter results.

There is still a long way to go before the market tightens, with the latest numbers showing storage running nearly 20% above the five-year average, but markets look forward, so a bounce back in NG looks to be on the cards before too long

The European Security and Markets Authority has warned that the proposed gas price cap could significantly impact the orderly functioning of markets

The equity market opened weak and then traded in the negative territory on Wednesday morning, tracking weak global cues. The investors were on wait-and-watch mo